Common use of Covenants of Midland individually and as Servicer Clause in Contracts

Covenants of Midland individually and as Servicer. Midland, individually and as Servicer hereby covenants and agrees that during the term of this Insurance Agreement: (a) It shall not terminate (except in accordance with the terms thereof), amend, waive or otherwise modify the provisions of the Transaction Documents or any term or provision thereof, or the performance of any of the terms of any of the foregoing. (b) It shall furnish to AGIC a copy of each material certificate, report, statement, 11 notice or other written communication furnished by or on behalf of it, to any of the Noteholders, the Trustee or the Rating Agency concurrently therewith, and furnish to AGIC promptly after receipt thereof, a copy of each notice, demand or other communication received by it from any of the Noteholders, the Trustee or the Rating Agency, in each case with respect to any of the Notes or the Transaction Documents. (c) It shall not fail to own 100% of the issued and outstanding shares of capital stock of the Issuer. (d) It shall comply with each of the covenants, as applicable, made by it in each of the Transaction Documents.

Covenants of Midland individually and as Servicer. Midland, individually and as Servicer hereby covenants and agrees that during the term of this Insurance Agreement: (a) It shall not terminate (except in accordance with the terms thereof), amend, waive or otherwise modify the provisions of the Transaction Documents or any term or provision thereof, or the performance of any of the terms of any of the foregoing. (b) It shall furnish to AGIC a copy of each material certificate, report, statement, 11 notice or other written communication furnished by or on behalf of it, to any of the Noteholders, the Trustee or the Rating Agency concurrently therewith, and furnish to AGIC promptly after receipt thereof, a copy of each notice, demand or other communication received by it from any of the Noteholders, the Trustee or the Rating Agency, in each case with respect to any of the Notes or the Transaction Documents. (c) It shall not fail to own 100% of the issued and outstanding shares of capital stock of the Issuer. (d) It shall comply with each of the covenants, as applicable, made by it in each of the Transaction Documents.

Covenants of Midland individually and as Servicer. Midland, individually and as Servicer Servicer, hereby covenants and agrees that during the term of this Insurance Agreement: (a) It shall not terminate (except in accordance with the terms thereof), amend, waive or otherwise modify the provisions of the Transaction Documents or any term or provision thereof, or the performance of any of the terms of any of the foregoing. (b) It shall furnish to AGIC a copy of each material certificate, report, statement, 11 notice or other written communication furnished by or on behalf of it, to any of the Noteholders, the Trustee or the Rating Agency concurrently therewith, and furnish to AGIC promptly after receipt thereof, a copy of each notice, demand or other communication received by it from any of the Noteholders, the Trustee or the Rating Agency, in each case with respect to any of the Notes or the Transaction Documents. (c) It shall not fail to own 100% of the issued and outstanding shares of capital stock of the IssuerIssuer and the Seller. (d) It shall comply with each of the covenants, as applicable, made by it in each of the Transaction Documents.